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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Cyprus Winners of Benchmark Litigation Europe Awards 2019 – One of the world’s leading rating houses for law firms focusing solely on dispute resolution matters.
We proudly announce that our firm has been awarded Benchmark Litigation’s prize ‘Law Firm of the Year – Cyprus’ and our Partner and Head of our Litigation and Dispute Resolution department Chrysanthos Christoforou awarded the prize of ‘Lawyer of the Year – Cyprus ‘. Founded in the USA i...
The 2019 EU Justice Scoreboard – a key tool of the European Union’s rule of law toolbox
Achieving efficient and independent justice systems of EU Member States are vital in order to improve the effectiveness of the European judiciary. The key findings of the 2019 EU Justice Scoreboard mainly focus on litigious civil and commercial cases, as well as administrative cases, to assist Memb...
Android citizen ‘‘Sofia’’ wows Cyprus Reflect festival
More than 1,300 curious humans and androids gathered in Limassol on the 8th and 9th of May for Reflect Festival to explore the impact of technology on our lives. For the second time, trendsetters, decision-makers, and pioneers came together to challenge the status quo and paint the picture of our l...
Mondaq award for Contributor Most Read in Cyprus
Mondaq, launched in 1994, is one of the most comprehensive Internet repositories of professionals’ knowledge and expertise. It disseminates legal, regulatory and financial commentary and information supplied directly by hundreds of the world’s leading professional advisors, covering more than 80 co...
EU Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3)- Final Report
The EU’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) has received the EU Parliament’s approval for implementation of its recommendations regarding anti-money laundering and aggressive tax planning. The European Parliament established the Tax3 Committee to address sig...
Paphos court rules against purchaser’s right to block property sale by auction
In a recent judgement issued by the District Court of Paphos – ‘ Y.A and Other v Bank of Cyprus ‘ – it was decided in favor of our client/bank that the applicant purchaser did not have the right to issue proceedings to cancel or postpone a private property sale by auction using the ‘ […]
Elias Neocleous & Co LLC is very proud to support the Legal 500 GC Powerlist for Greece and Cyprus
It is a great honour and pleasure for us to co-sponsor with our esteemed colleagues and friends KLC Law firm, Athens the 2019 Legal 500 GC Powerlist event for Cyprus and Greece. The gathering will recognize those professional colleagues who during the past year have distinguished themselves amongst the top 100 legal firms in Cyprus […]
Will Transparency override Privacy? Introducing the ‘Public Register ‘
Under the current legal framework in Cyprus, shares can be held through nominees, which can be either individuals or entities, in trust for the beneficial owner of the shares without public disclosure of the ultimate owner’s identity. Therefore, the name listed on the certificate of shareholders of an entity can merely state the nominee and […]
New Law on Protection of natural persons with regard to the processing of personal data
A new Cyprus law was enacted in March 2019 (Law 44 (I) of 2019), with title “Law on the protection of natural persons regarding the processing of personal data by competent authorities for the purposes of the prevention, investigation, detection or prosecution of criminal offenses or execution of criminal penalties and for the free movement […]
European Bank for Reconstruction and Development announces call for “Free Individual Coaching Sessions to New Businesses”
The Ministry of Energy, Commerce and Industry of Cyprus announced the call for participation in the Business Clinics Program of the European Bank for Reconstruction and Development (EBRD) The program, designed for enterprises with less than two years of activity demonstrating applicable ideas and a business plan, aims to provide support and guidance for their […]
Cyprus Securities and Exchange Commission – New Supervisory and Compliance Requirements.
The Cyprus Securities and Exchange Commission ( ‘’ CySEC’’) , whose Mission is to exercise effective supervision to ensure investor protection and the healthy development of the Cyprus securities market, has announced an updated version of its ‘ MiFID 11 Supervisory briefing on appropriateness and execution only ‘ and its ‘ MiFID supervisory briefing on […]
US Assistant Secretary for Terrorist Financing visits Cyprus
The US Department of Treasury Assistant Secretary for Terrorist Financing, Marshall Billingslea, visited Cyprus 18 & 19 April “to ensure that Cyprus has a strong and healthy financial sector” according to an official announcement. The visit, part of a regional trip which includes a stopover in Bahrain, is a follow-up to his last trip to […]